Cheers! The Thai consumer's back
by Andy Mukherjee

Bloomberg    Translate This Article
15 August 2016

On 15 August 2016 Bloomberg reported: For three years, Thai consumers sat at home and nursed a debt hangover. That they're starting to go shopping again for things like secondhand bikes, restaurant meals, and energy drinks is both encouraging and just as clearly visible in company earnings and stock prices as in Monday's GDP announcement. Private spending jumped by 3.8 percent in the June quarter, its best year-on-year performance since early 2013. Thai stocks, Asia's best-performing so far this year, have been highlighting the change in sentiment for some time. Global Good News service views this news as a sign of rising positivity in the field of business, documenting the growth of life-supporting, evolutionary trends.

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